Data shows Scotland’s most expensive street is now outside Edinburgh.
The Bank of Scotland said properties in Queen’s Crescent in Auchterarder, Perth and Kinross cost an average of £2,927,000, making it the most expensive street in Scotland.
It has knocked Ann Street in the Stockbridge area of Edinburgh out of the top spot, where Georgian properties cost an average of £1,807,000. It now ranks second after topping the list for the second year in a row in 2023.
But 70% of the top 10 most expensive streets are in Edinburgh.
Queen’s Crescent is part of Gleneagles Village, close to the world famous golf course, and other regions near golf resorts feature prominently on the list.
Isla Benzie, head of Bank of Scotland Home said: “Queen’s Crescent in the picturesque town of Auchterarder is Scotland’s most expensive postcode, with houses costing an average of £2,927,000.
“The charming street, just a stone’s throw from the world-famous Gleneagles Golf Course, has somehow taken over the top spot from last year’s winner, Ann Street in Edinburgh.
“However, Edinburgh still retains some of the most prestigious streets in Scotland, with seven of the top 10 most expensive places in the city.”
In third place is Elphinstone Road in Giffnock, East Renfrewshire, a commuter area near Glasgow that has boomed in popularity for its schools, with properties averaging £1,645,000.
Regent Terrace in Edinburgh comes in fourth, with classic townhouses near Calton Hill costing an average of £1,621,000.
Fifth on the list is Wester Coates Avenue near Murrayfield Stadium, where houses have an average price tag of £1,615,000, while neighboring Wester Coates Gardens are sixth with an average price of £1,535,000.
Hill Road in Gullane, East Lothian, comes in seventh place, with houses near the golf course costing an average of £1,518,000.
Nile Grove in the Morningside area of Edinburgh has house prices averaging £1,514,000, which ranks eighth, while Danube Street in Stockbridge is ninth, as houses are worth an average of £1,460,000.
Neighboring St Bernard’s Crescent rounds out the top 10, with the street famous for its links to artist Sir Henry Raeburn and where house prices average £1,404,000.
Only one street in Glasgow is in the top 25: Cleveden Gardens in Kelvindale, on the west side, came in 15th (£1,296,000).
The only other west of Scotland postcode in the list is Newton Mearns, East Renfrewshire, where houses in Broom Gardens cost an average of £1,227,000, putting it in 18th place.
In the south of Edinburgh, St Albans Road is in 14th place (£1,301,000) and the centrally located Kinnear Road is in 11th place (£1,341,000).
In the Morningside area of Edinburgh, Corrennie Gardens ranks 12th (£1,324,000) and nearby Morningside Place ranks 16th (£1,269,000).
In neighboring Newington, Blacket Place ranks 19th (£1,222,000), Pavilion Crescent 22nd (£1,203,000) and Queen’s Crescent 25th (£1,182,000).
In Stockbridge, an area made famous by Ian Rankin’s Rebus novels, East Fettes Avenue is 20th on the list (£1,221,000), and Ravelston Park is 21st (£1,214,000).
Heriot Row in Stockbridge, a road of historic houses dating from 1802, is the penultimate entry on the list (£1,189,000), while Warriston Crescent, a short walk from Edinburgh Castle, is 23rd (£1,193,000).
House prices are based on the annual average prices of house transactions between January 2019 and September 2024, taken from the Registers of Scotland, and only streets where at least five transactions took place during the period are included.
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